Western Copper and Gold (NYSEAMERICAN:WRN) Share Price Passes Below 50-Day Moving Average - What's Next?

Key Points

• Western Copper and Gold (NYSEAMERICAN:WRN) shares have crossed below their 50-day moving average of $1.27, indicating a potential shift in market sentiment.
• The company's current stock price is $1.32, with a trading volume of 502,754 shares recorded recently.
• Western Copper and Gold Corporation focuses on the exploration and development of mineral properties in Canada, particularly its principal property, the Casino mineral property in Yukon.

Western Copper and Gold Corporation (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.27 and traded as low as $1.27. Western Copper and Gold shares last traded at $1.32, with a volume of 502,754 shares.

Western Copper and Gold Price Performance

The stock has a market capitalization of $284.78 million, a price-to-earnings ratio of -142.00 and a beta of 1.08. The firm has a fifty day moving average of $1.28.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.